9th Oct 2006 10:44
Empire Online Limited09 October 2006 9 October 2006 Empire Online Limited ("the Company") Board Change Empire Online announces that Lord Steinberg has informed the Board of hisintention to step down as Chairman of the Board from the end of October 2006.Richard Rosenberg, senior independent non-executive director will replace LordSteinberg as Chairman of the Board. The Board wishes to thank Lord Steinberg for his valuable contribution to EmpireOnline over the last 18 months. Noam Lanir, Chief Executive Officer, commented: "Leonard's experience has beenof significant value to the Board both in his capacity as colleague and advisorthrough the IPO of Empire Online and the challenges of the last 18 months. Ijoin the Board in wishing him all the very best for the future." Lord Steinberg commented, "In spite of the regulatory uncertainty that currentlysurrounds the on-line gaming industry, I believe the time is right for me tomove on. I leave Empire Online in good hands, with a strong cash position fromwhich to progress to the next stage of its development." Enquiries: Empire Online Limited 00 357 25 847 700Noam Lanir, Chief Executive Officer Hudson Sandler 020 7796 4133Michael Sandler/Jessica Rouleau This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Livermore